310/29 Melville ParadeSouth Perth WA 6151
Property Details for 310/29 Melville Pde, South Perth
310/29 Melville Pde, South Perth is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1964. The property has a land size of 71m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in July 2023.
Last Listing description (February 2026)
This 1 bedroom, 1 bathroom apartment is positioned in one of South Perth's most tightly held riverside locations, offering stunning views of the Swan River and the highly sought after advantage of existing council approval for short-stay accommodation (Airbnb). Whether you are a first home buyer seeking a premium lifestyle address or an investor looking for flexibility and strong returns, this property presents an exceptional opportunity.Designed for low-maintenance living, the apartment offers the freedom to move straight in, secure a quality long term tenant, or capitalise on the growing short-stay Airbnb market, a rare level of versatility in such an amazing suburb!For first home buyers, this is a chance to enter the South Perth market with confidence, enjoying excellent transport links, everyday convenience, and the option to live in now while retaining future rental or short-stay flexibility. For investors, the combination of river views, consistent long-term rental demand, and Airbnb approval alread
Property History for 310/29 Melville Pde, South Perth, WA 6151
- 20 Jan 2026Listed for Sale Expressions of Interest
- 21 Jul 2023Sold for $295,000
- 17 Jan 2023Listed for Sale SECOND CHANCE
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About South Perth 6151
The size of South Perth is approximately 5.2 square kilometres. It has 20 parks covering nearly 28.6% of total area. The population of South Perth in 2016 was 12053 people. By 2021 the population was 12596 showing a population growth of 4.5% in the area during that time. The predominant age group in South Perth is 20-29 years. Households in South Perth are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in South Perth work in a professional occupation.In 2021, 54.60% of the homes in South Perth were owner-occupied compared with 54.00% in 2016.
South Perth has 8,798 properties. Over the last 5 years, Houses in South Perth have seen a 67.66% increase in median value, while Units have seen a 106.71% increase. As at 31 January 2026:
- The median value for Houses in South Perth is $1,984,308 while the median value for Units is $957,067.
- Houses have a median rent of $850 while Units have a median rent of $725.
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